12 months on
Good morning everyone and my thanks to Money Advice Scotland for organising this morning’s event. It’s a pleasure to join you.
The theme for today’s conference: ‘one year of the FCA regime, credit where credit is...

Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at Boston-based National Consumer Law Center,...

Consumer credit grew at a seasonally adjusted annual rate of 5.4%, for a gain of $14.8 billion in December, the Federal Reserve said Friday as credit card loans outpaced nonrevolving debt for the first time since April. Revolving debt like credit...

Consumer credit balances expanded by $14.76 billion in December, a bit less than expected.
Expectations were for the report to show consumer credit balances expanded to $15 billion in the final month of 2014, up from $14.1 billion in...

Consumers increased their use of credit in November by the slowest pace in a year, Federal Reserve data released Thursday show. Consumer credit grew at a seasonally adjusted annual rate of 5.2% in November, for a gain of $14.1 billion to $3.30...

Consumer credit balances increased by $13.22 billion in October.
This was a bit less than the $16.50 billion expected by economists.
Non-revolving credit, which includes auto loans and student loans, increased by $12.3 billion.
Revolving...

Consumer credit is credit referring specifically to credit extended for personal or household use by individual consumers and their families. This differs from, say, business or bank credit, which is used by corporations or banks.